Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers worldwide. It operates in two segments, Seating and E-Systems. The Seating segment offers leather and fabric products, seat trim covers, recliner mechanisms, seat tracks and foams, seat structures and mechanisms, and headrests for automobiles and light trucks, compact cars, and sport utility vehicles; and heating and cooling systems. The E-Systems segment offers electrical distribution systems that route electrical signals and manage electrical power within the vehicle for traditional vehicle architectures, as well as high power and hybrid electric systems. This segment's products comprise wire harnesses, terminals and connectors, and junction boxes; and electronic control modules, such as body control modules, smart junction boxes, gateway and wireless control modules, lighting control modules, and audio domain controllers and amplifiers. It also provides electrification products comprising charging systems that include onboard charging modules, cord set charging equipment, and wireless charging systems; battery electronics, which comprise battery disconnect units, cell monitoring supervisory systems, and integrated total battery control modules; and other power management modules, including converter and inverter systems. In addition, this segment offers cybersecurity software; EXO advanced vehicle positioning for automated and autonomous driving applications; roadside modules that communicate real-time traffic information; and cellular protocols for vehicle connectivity, as well as Connexus connectivity products. Further, it provides wireless systems, such as passive entry, remote keyless entry, and dual range/function remote keyless entry systems. The company was founded in 1917 and is headquartered in Southfield, Michigan.

2.3 Community Rank

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Community Sentiment

Lear has received 54.80% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Lear and other stocks. Vote “Outperform” if you believe LEA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LEA will underperform the S&P 500 over the long term. You may vote once every thirty days.

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Lear (NYSE:LEA) Frequently Asked Questions

How has Lear's stock been impacted by COVID-19 (Coronavirus)?

Lear's stock was trading at $95.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LEA stock has increased by 29.1% and is now trading at $123.77. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Lear?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lear in the last year. There are currently 1 sell rating, 9 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Lear.

When is Lear's next earnings date?

How were Lear's earnings last quarter?

Lear Co. (NYSE:LEA) announced its quarterly earnings results on Friday, May, 8th. The auto parts company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.72. The auto parts company had revenue of $4.46 billion for the quarter, compared to analysts' expectations of $4.22 billion. Lear had a net margin of 3.15% and a return on equity of 16.90%. The firm's revenue for the quarter was down 13.6% on a year-over-year basis. During the same period last year, the company earned $4.00 EPS. View Lear's earnings history.

How often does Lear pay dividends? What is the dividend yield for Lear?

Lear declared a quarterly dividend on Thursday, February 6th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.77 per share on Wednesday, March 18th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date is Thursday, February 27th. This is a boost from Lear's previous quarterly dividend of $0.75. View Lear's dividend history.

How will Lear's stock buyback program work?

Lear announced that its Board of Directors has approved a stock buyback program on Thursday, February 7th 2019, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 15.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its shares are undervalued.

What price target have analysts set for LEA?

19 Wall Street analysts have issued 1 year price objectives for Lear's stock. Their forecasts range from $65.00 to $190.00. On average, they anticipate Lear's stock price to reach $116.00 in the next year. This suggests that the stock has a possible downside of 6.3%. View analysts' price targets for Lear.

Has Lear been receiving favorable news coverage?

Media coverage about LEA stock has trended somewhat positive on Sunday, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lear earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media headlines about the auto parts company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutLear.

Are investors shorting Lear?

Lear saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,290,000 shares, an increase of 18.7% from the April 15th total of 1,930,000 shares. Based on an average trading volume of 810,400 shares, the days-to-cover ratio is currently 2.8 days. Currently, 3.9% of the shares of the stock are sold short. View Lear's Current Options Chain.

How do I buy shares of Lear?

Shares of LEA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Lear's stock price today?

One share of LEA stock can currently be purchased for approximately $123.77.

How big of a company is Lear?

Lear has a market capitalization of $7.42 billion and generates $19.81 billion in revenue each year. The auto parts company earns $753.60 million in net income (profit) each year or $13.99 on an earnings per share basis. Lear employs 81,500 workers across the globe.